Direxion Hydrogen ETF (NYSEARCA:HJEN) Trading Down 1.5%

Direxion Hydrogen ETF (NYSEARCA:HJENGet Free Report)’s stock price was down 1.5% on Wednesday . The company traded as low as $10.23 and last traded at $10.32. Approximately 8,266 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 15,532 shares. The stock had previously closed at $10.47.

Direxion Hydrogen ETF Stock Performance

The business’s 50-day moving average is $10.86 and its two-hundred day moving average is $11.26. The stock has a market capitalization of $20.12 million, a PE ratio of 11.11 and a beta of 1.28.

Hedge Funds Weigh In On Direxion Hydrogen ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of HJEN. Bank of America Corp DE grew its position in Direxion Hydrogen ETF by 4,637.2% in the 1st quarter. Bank of America Corp DE now owns 146,191 shares of the company’s stock valued at $2,110,000 after buying an additional 143,105 shares during the last quarter. Jane Street Group LLC grew its position in Direxion Hydrogen ETF by 712.8% in the 1st quarter. Jane Street Group LLC now owns 103,839 shares of the company’s stock valued at $2,074,000 after buying an additional 91,064 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in Direxion Hydrogen ETF by 1,389.0% in the second quarter. Osaic Holdings Inc. now owns 87,522 shares of the company’s stock valued at $105,000 after acquiring an additional 81,644 shares during the period. Flow Traders U.S. LLC acquired a new stake in Direxion Hydrogen ETF in the first quarter valued at $567,000. Finally, Royal Bank of Canada acquired a new stake in Direxion Hydrogen ETF in the second quarter valued at $338,000.

Direxion Hydrogen ETF Company Profile

(Get Free Report)

The Direxion Hydrogen ETF (HJEN) is an exchange-traded fund that is based on the Indxx Hydrogen Economy index, a modified market-cap-weighted index of global companies involved in businesses related to the hydrogen industry. HJEN was launched on Mar 25, 2021 and is managed by Direxion.

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